Parsonsburg, MD Cost of Living


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Parsonsburg cost of living score
83.7
Less expensive
16.3% lower
than the US average
25.1% lower
than the Maryland average
Parsonsburg, Maryland gets a BestPlaces Cost of Living score of 83.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.3% lower than the U.S. average and 25.1% lower than the average for Maryland.

Parsonsburg, MD

Housing costs in Parsonsburg?
A typical home costs $241,900, which is 28.5% less expensive than the national average of $338,100 and 37.7% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Parsonsburg costs $1,020 per month, which is 28.7% cheaper than the national average of $1,430 and 58.8% cheaper than the state average of $1,620.

Can I afford Parsonsburg?
To live comfortably in Parsonsburg, Maryland, a minimum annual income of $46,440 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Parsonsburg?
Parsonsburg, MD has an affordable cost of living, making it a great place to live for many people. Housing costs are reasonable compared to other parts of the country and average monthly rent for a one bedroom apartment is around $750. Additionally, food costs are lower than the national average, with many groceries and restaurants offering discounts on their products and services. Other costs such as utilities and transportation are also below the national average. In general, Parsonsburg is an affordable place to live that offers plenty of amenities with minimal cost.
   Cost of living score
     CategoriesParsonsburgMarylandUnited States
  83.7111.8100.0
  104.8105.2100
  82.684.2100.0
  71.5124.1100.0
  $241,900$388,100$338,100
  106.1%105.6%100.0%
  81.2119.3100.0
  89.6112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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